BREAKING | IAG signs deal for 200 Boeing 737 MAX

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Daily Newsletter | June 18, 2019
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GE Aviation revealed on June 17, 2019, that it is redesigning a part for the in-development GE9X engine set to power the Boeing 777X after an issue with the component was detected during recent testing. The upgrades mean certification of the engine is unlikely to take place until Autumn 2019 and will delay the maiden flight of the 777X by “several months” as the necessary fixes are applied.
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Meanwhile, at Le Bourget
A year after it was made official in ILA Berlin, the European fighter program unveiled itself a bit more during the Paris Air Show 2019.
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S - Aircrew Aviation LTD., Hong Kong
Meanwhile, at Le Bourget
International Airlines Group (IAG), the parent company of British Airways and Iberia, announces its intention to acquire 200 Boeing 737 MAX jets. The deal, made public during Paris Air Show, is valued at more than $24 billion at list prices. It is the first sizable order for a commercial airplane received by Boeing since the MAX grounding.
Avia Solutions Group, a global multipurpose aviation holding, has entered into an agreement to acquire 100% of the shareholding in UK-headquartered Chapman Freeborn Group, aircraft charter company. The acquisition agreement was signed on June 14, 2019. The forecasted revenue of the new group is expected to reach €1 billion in 2019.
Meanwhile, at Le Bourget
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S - Aircrew Aviation LTD., Hong Kong
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